On Europe’s austerity drive and DiEM25 – an OECD podcast

One country that symbolised the crisis of the last 10 years was Greece. Its insolvency embarked the country on a long regime of bail-outs and austerity. This August, Greece officially emerged from the crisis, with the OECD forecasting GDP growth again. So, did the austerity work? The former Greek finance minister and co-founder of the Democracy in Europe Movement (DiEM) remains unconvinced. Mr Varoufakis was a guest at the OECD’s “10 years after the crisis” conference where he delivered a keynote under the title: 2008 and the International New Deal we need for the post-2018 world